Habitat For Humanity International
- Assets
- $90.3m
- Revenue
- $40.0m
- Investments
- $0.0
- Employees
- 193
- Location
- Renton, WA
- Founding
- 01/1987
- Data as of
- 06/2024
- EIN
- 91-1342397
Organization Overview
Habitat For Humanity International is located in Renton, WA. The organization was established in 1987. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2024, Habitat For Humanity International employed 193 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Habitat For Humanity International generated $40.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $38.8m during the year ending 06/2024. While expenses have increased by 23.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE WORLDWIDE HABITAT FOR HUMANITY VISION: A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE.
Describe the Organization's Program Activity:
HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE WORK WITH HABITAT TO BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILIES' NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, AND USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR, AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS INSTEAD OF HINDERS HEALTH AND SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND CAREER GROWTH. DURING FISCAL YEAR 2024, HABITAT FOR HUMANITY SEATTLE-KING COUNTY SERVED 30 FAMILIES THROUGH ITS LONG- TERM HOME OWNERSHIP PROGRAM.
HABITAT RESTORES: OPERATING FOUR HABITAT STORES, IN BELLEVUE, TUKWILA, AUBURN AND ELLENSBURG (KITTITAS CITY HABITAT FOR HUMANITY). HABITAT PROVIDED AN OUTLET FOR MANUFACTURERS, CONTRACTORS AND INDIVIDUALS TO DONATE SURPLUS BUILDING MATERIALS AND HOME FURNISHINGS FOR RESALE, THUS DIVERTING TONS OF MATERIALS FROM LANDFILLS IN FY2024. THESE PRODUCTS WERE MADE AVAILABLE TO THE PUBLIC AND OTHER ASSOCIATED AFFORDABLE HOUSING PROVIDERS. THE 4 PHYSICAL STORE LOCATIONS AND UTILIZATION OF ONLINE TOOLS (DONATION SYSTEM, WEBSITE, FACEBOOK AND POSITIVE GOOGLE REVIEW RATINGS) HAS HELPED TO INCREASE INVENTORY VOLUMES AND SALES.
HOME PRESERVATION PROGRAM: OUR HOME PRESERVATION PROGRAM IS AN OUTREACH INITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW- TO MODERATE-INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY OR FAMILY CIRCUMSTANCES. WE PARTNER WITH FAMILIES TO HELP THEM RECLAIM THEIR HOMES WITH PRIDE AND DIGNITY. THE PROGRAM ALLOWS FAMILIES TO STAY IN THEIR HOME AND AVOID THE UNCERTAINTY, TRAUMA AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH LIFE AND SAFETY ISSUES OR CODE VIOLATIONS. HABITAT STAFF, VOLUNTEERS, AND SUBCONTRACTORS COLLABORATE TO COMPLETE THE REPAIRS NECESSARY TO KEEP HOMES SAFE AND SECURE. HABITAT FOR HUMANITY SEATTLE-KING COUNTY SERVED 101 HOMEOWNERS DURING FY2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Lee President & Chair | OfficerTrustee | 2 | $0 |
Kat Sims Past President | OfficerTrustee | 2 | $0 |
Jolene Robinson Vice Chairperson & Treasurer | OfficerTrustee | 2 | $0 |
Bill Grady Vice President | OfficerTrustee | 2 | $0 |
Alex Wu Vice President & Secretary | OfficerTrustee | 2 | $0 |
Gary Fallon Vice President | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ryatt Construction Building Contractor- Home Construction | 6/29/24 | $3,485,432 |
Bmdc Building Contractor- Home Construction | 6/29/24 | $2,703,386 |
Mass X Construction Llc Building Contractor- Home Construction | 6/29/24 | $1,020,152 |
Zarcos Construction Llc Building Contractor- Home Construction | 6/29/24 | $455,605 |
Wardscape Building Contractor- Home Construction | 6/29/24 | $384,301 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,289,817 |
| Related organizations | $0 |
| Government grants | $8,025,221 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,736,937 |
| Noncash contributions included in lines 1a–1f | $5,726,330 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,051,975 |
| Total Program Service Revenue | $18,845,403 |
| Investment income | $24,158 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,294 |
| Net Income from Fundraising Events | -$372,341 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $368,457 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,957,426 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $125,354 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,438,745 |
| Compensation of current officers, directors, key employees. | $749,543 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,609,070 |
| Pension plan accruals and contributions | $175,026 |
| Other employee benefits | $746,109 |
| Payroll taxes | $759,801 |
| Fees for services: Management | $9,603 |
| Fees for services: Legal | $19,361 |
| Fees for services: Accounting | $109,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $77,900 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $823,753 |
| Advertising and promotion | $488,526 |
| Office expenses | $157,551 |
| Information technology | $511,356 |
| Royalties | $0 |
| Occupancy | $2,209,933 |
| Travel | $615,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $423,831 |
| Interest | $246,949 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $239,276 |
| Insurance | $296,975 |
| All other expenses | $668,896 |
| Total functional expenses | $38,798,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,001,644 |
| Savings and temporary cash investments | $234,600 |
| Pledges and grants receivable | $1,697,944 |
| Accounts receivable, net | $217,230 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $9,104,899 |
| Inventories for sale or use | $1,129,030 |
| Prepaid expenses and deferred charges | $430,445 |
| Net Land, buildings, and equipment | $555,248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $34,727,299 |
| Intangible assets | $0 |
| Other assets | $39,181,431 |
| Total assets | $90,279,770 |
| Accounts payable and accrued expenses | $2,538,285 |
| Grants payable | $0 |
| Deferred revenue | $122,099 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $36,552,531 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,061,615 |
| Total liabilities | $45,274,530 |
| Net assets without donor restrictions | $26,526,935 |
| Net assets with donor restrictions | $18,478,305 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $90,279,770 |
Grants Awarded
Over the last fiscal year, Habitat For Humanity International has awarded $110,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY INTERNATIONAL PURPOSE: AFFILIATE TITHING TO SUPPORT HABITAT INTERNATIONAL OPERATIONS | $100,000 |
YES FOR HOMES PURPOSE: SUPPORT FOR AFFORDABLE HOUSING CAMPAIGN | $10,000 |